as much attention or will mr obama focus on more pressing issues like dealing with the u.s. economy for example iran has been a top foreign policy issue for all u.s. administrations since nine hundred seventy nine. if not topic number one definitely iran has been always between top three foreign policy issues of the united states that's why i believe even in the second term of president obama iran would be if not the most important between top three important issues well now therefore only president obama is worse constraint before the elections do you think that could mean that he is more likely to get involved in something like a war with iran i believe obama came to office with. engagement policy he himself words since years

and he had the good intention he failed to deliver gage meet with iran due to pressure from congress a pac israeli prime ministers and very tough policies of europeans because during president bush europeans they had engaged in policy but on fortunately during engagement policy of president obama europeans they had hawkish policies i agree with you president obama should have less constraint in the second term and therefore we can be illegal but more optimistic not too much we should not be too much up to mr because the pressures would remain the mystically from israel but he would have a little bit freer hand. for going forward with iraq hopefully he would be

successful and where you mention israel because the israeli prime minister has been saying that the u.s. will assist israel if it strikes iran what does this mean now after the election i believe americans they do not want to be gauged feared war in the middle east americans they have good lessons from invading iraq and afghanistan they have lost trillions of dollars. thousands of lives and they are living of coniston and iraq with in a mess and they have not what you meant and stability has been much more wars in afghanistan and iraq after american invasion be understand the concept pointers of attacking iran would be ten for its compared to iraq and of coniston iran is to compare to iraq and afghanistan because

iran is completely different that's why i believe there is a consensus within republicans and democrats that they should not drag the us to the third or benjamin netanyahu is all political futures only uncertain since this party is preparing to take part in the upcoming elections in israel how do you tell what's pre-election rhetoric and what are real intentions i believe even from the beginning netanyahu was bluffing. i believe in faires put pressure on american president to make a credible threat against iran. what to do what you do you mean by a credible threat they wanted american president to put a red line not on nuclear bomb on enrichment which is the legitimate right of every

member when they could not or bomb to this point he decided himself to make a credible threat in order to push the u.s. the e.u. in a position to tools between crippling sanctions or war which he was confident europe and the united states with sanctions but the main target of a lot of netanyahu from the beginning was crippling sanctions not war i believe he dismissed the u.s. and europe and he was successful israel's was a more nuclear stockpile or threat to iran. i really believe neither the israelis existential threat for iran nor iran is existential threat to israel we had just

global disease summit conference here and i told the conference that even today israelis they are always using the wrong issue justifying the nuclear bomb saying iran is existential threat for israel but the fact is israel is that israel produce nuclear bomb before islamic revolution where the shah of iran was that a lot of is rape. israeli nuclear bomb has nothing to do with iran because it was massed produced before of revolution now they are using islamic revolution in order to justify which i would not buy this argument iran has really been stigmatized in the public domain for the past few years what can their own do to persuade the west that it's not building

a nuclear weapon i believe. iran has been ready for cooperation with the i.a.e.a. to remove the ambiguity. during all time you'll remember in two thousand and three to talk to two thousand and five we implemented the additional protocol we implemented a subsidy arrangement called three point one we even suspended the richmond we gave access to the beyond additional protocol we opened the military sites to die. but the e.u. three was not able to recognize the legitimate rights of iran because the u.s. position was zero enrichment that's why didn't bush asians during our time failed despite the fact we were ready for full transparency and we proved practically

during president i mean in a jar russia in two thousand and eleven proposed step by use the plan. the russian step by step plan consisted of all majors requirements of the. atomic energy agency and united nations security council resolutions and even beyond but the iranian officials they will come the russian initiative has a base for negotiations it was the us and the you'll reach declined the russian proposal therefore i believe again even today the russian proposal can be a good basis for negotiations who personally worked with. monitors in iran for several years and while the international observers are known to have accused iran of not letting them see everything they want while the iran has been saying that it can't satisfy all their demands who's right it depends iran

is a member of safeguard. they are asking iran to implement additional protocol implementing additional protocol is not mandated for the nations for the cultures today seventy countries they do not implemented the protocol therefore this would be a guess shows a good read from iran to implement additional protocol but i. is even requiring requesting iran to give back to the i is beyond additional protocol no mation in this war has given access to the i.a.e.a. beyond that the shop i believe iran is ready if they recognize the rights of iran for the richmond like any other member. of n.p.t. and if they are prepared all to make clear to lift the sanctions to start lifting

the sanctions gradually at the end the state to lift all sanctions if the west and the five plus one are ready and these two issue i believe iran will show good will to accept additional protocol to cooperate with by the possibility they mention issues which would need to give access to die beyond additional protocol the e.u. hasn't been buying iranian oil for months now has iran been able to find new markets i believe iranian oil export has decreased fifty percent sixty percent but believe me even if you are a me and they cannot export one drop of oil they would not give up their rights under the n.p.t. it really there's a mad there how much you want can exported or not using the war eight years

invasion of iraq nine hundred eighty two nine hundred eighty eight we have march more or situation. let's move on to syria no how do you think the conflict in syria may affect the situation around iran i believe this would affect more the region the us allies i believe if they continue like peace syria would go to sea with war and security and war. spreading to iraq so the arabia jordan lebanon and even told q iran would be delisted to be affected. spread of civilian war or war from syria. of course iran may lose one friend one partner like bashar assad but it doesn't mean they're radical

muslims they are car they would come to paul where they would be friend of israel or america. muslim brother rude if they are in power they would be much more ideologists. the base would be islamic ideology aside this. that's the difference what is the biggest threat for the united states in which i have believe that the biggest threat threat for the us is coming out of a spree where where salafi. taleban isn't a lawyer their extreme some need is radicals are. capturing the muslim countries the collapse of the us allies like mubarak been one after one this is the real threat to the us how do you see the situation

developing with the arab spring is going to spread to other countries nobody knows but but but as far as i can see. there is alarmists are coming to power through a whole middle east and this would affect the remaining us allies in the region mr mousavi and thank you very much for your time on this was iran's former top diplomat and now scholar in the fuel of international relations mr hussein must be on. it's perched atop a jar and the view from the kremlin stretches as far as the eye can see. for a city to siberia for centuries. it lost its economic importance even before it

was bypassed by the chance i bear in railway but the a spiritual center. things like these are a yearly occurrence thousands of orthodox worship him bless it water to commemorate the baptismal jesus. when you pull up on board the motor with it doesn't matter if it's minus thirty it's a siberian tradition i do it myself every year for everyone to overcome their worst fears it is desirable to take the plunge. but that's a picture postcard church is the story of a city built by opportunist explorers political exiles and crafty fur traders.

in the fifteen eighties the russians had only just conquered siberia taking it from the muslims. surrounded by enemies to be their stronghold constructed on top of the city but soon enough it became an economic hub siberian fire was the oil of its time bringing in a third of the state revenue but the location had of the uses for the russians. to moscow's one of the most popular places to send political dissent is not any people were exiled that once a giant bell that was used to incite riots was supposed to set a three hundred ten. the russian arris a crowd. a revolt against the eight hundred twenty five known as the decembrists. they created a replica of high society. fashions as soon as they came out or at least once they made it from paris to siberia but the city also served up some bitter irony for the

russian royal family after the bolshevik revolution. this is the office was nicholas the second spend most of the last year of his life his whole family had been exiled here they led a fairly comfortable existence this was a big house but they weren't allowed to see visitors or go outside themselves. ordinary normal countryside life style they even had thoughts of a scape but within the year and his family would be dead. never again its political significance but its streets will always echo with a glorious past and will likely provide the livelihood force inhabitants in the future.

but i'm stunned your bush sure did and how not to repay it in this show coming up to shift a trillion in debt i love and money don't mix. and the fate of the euro in the three way you should. credit banks still call nine hundred seventy three hostages freed off to a five day siege but the victims learned their risk it was for saving them. while defending and praising the terrorists. one hostage christine even falls in love with one of the villains and dumps her fiance when she gets out. it's

a live portugal greece and spain have. full blown still colm syndrome finds the study hosted to crippling that bankers coerced full of the loans and dependency and a terrifying twist the state's so called risk of the same as the host each take has first great premier papademos then it's a multi. multi national bank was forced into power don't call us and thing us develop the theory he joins us now why did you call it that. is seen because i can see there that governments are kidnapped by the s because late because i t they copied. and. they are not defended that. we can see that greece and spain mainly because. instead of. being able to work on our. ways to go out of crisis they are

getting deep and you know what's the solution these of course he's against the interest of. people can't well or and he's very use and example they decided not to use. debt odious it's international law loans moultrie paid because taken against the interests of the people equate those debts repayment was loaded in favor of lenders like us chase bank president carette declared it odious the billions saved doubled spending in hospitals and schools. as far as you could see into the future they were going to keep paying down but would never reach a situation where the country actually benefits from the foreign capital. greece's most popular policy cerise already declared the national debt odious if it wins the next election it won't repay the banks we're joined by michael hudson who advises

countries like the us on economic policy professor is greece's debt. odious greek prime minister of radio a year ago said well wait a minute for if you're going to want to start really surrender our autonomy there has to be a. vote on which the democratic vote referendum and angela merkel said you can't have a referendum if you have a referendum the democracy will vote against it we're going to post. a check that. to govern you instead of a referendum so all of this is not are the traditional up a legal process that is assumed to be a requirement for getting on a death. is finding on the populations of all if the population doesn't vote for that that that debt is already here democracy replaced by a ditto crissy but is this in the public interest one of bank makes

a loan they're supposed to do to get jobs and think wait a minute just loan the bible on another words it's the borrower word and the definition of credit where it ends and the bar work on earned enough money off awkward day off all the while activity can wreak pain along with the interest it didn't exist for government and government if you do have a he's our and our king rat yes that's what your assets take them away the terms of the bailout call for greece to sell off its lend spend the rest lands its offshore oil resources the property of the kings that's play that's not libel or civil it's reached the point today where finance is aiming at the same objectives that a military war thanks no waging military wars let's speak to great journalist

nicholas moataz was the effect of this on the ground since the mine. one thousand. suicide's insisted upon it by people who could not pay on their bets he agrees just go more big loans from foreign banks does this at least bring hope thousand eggs the beginning of the present crisis the depth of the greek government was two hundred sixty three billion dollars according to the recent bill passed in the parliament on november the governmental debt will be. pretty hundred forty six billion euro bond say to the greek people is make some painful sacrifices and the next ten years we're going to. reduce the debt but. dr. sacrifice like one in two jews out of work has bought the

club made for this national debt in the last decade has skyrocketed most humiliating of all for greece portugal italy and spain the future only gets worse is how spain's buying slowed to one trillion on the taxpayer private lenders gambled and built three million houses people called to forward one of them thank you runs up as it was of the national economy claiming they too big to fail government is nationalize them turning up bankrupt bank into a bankrupt nation. the worst kept secret on the markets is no one will touch the euro while four of its members at least are on the brink. hardly anyone actually train zeroes any more random want of the drunken offspring of a failing marriage. bookmakers don't give greece a sporting chance they've stopped accepting bets on the country's euro exit it's

all turning people not just off the road but of the european union itself. britain's anti e.u. party just beat the ruling tories to game record support in elections checkmate the free citizens was founded by pizza mike a disillusioned advisor to the country's president prison rules he told me stop nations putting their house in order we have. chicken slovakia and after it goes all out root out in ninety nine three. then the relations between czechs and slovaks have improved and currently the relation between these two nations are better at it than ever and. the reason is that each nation is responsible for its own mattress the well need to

morrow until it leaves the euro zone so i think we did eventually do your oh so we'll have to break up anyway but how do you actually quit the currency wolfgang munch shells research just that's at the financial times he joins us now so how do you leave the euro. e.u. law that stops you know that stops greece from imposing you know the default there would be emergency laws naturally i mean you would have to you know you would have to basically collect all the money stamp of the existing bank notes to you know make them greek euros and so it's quite a bit of quite a bit of stuff that you need to do in order in order to get through and you need to impose bank holidays so this is not doable in a weekend single probably have to close down the bank so what we hear of greece goes what will happen portugal is in between spain and greece it is it has some of the characteristics of who is a very poor country and has some of the characteristics of spain with

a high private sector and that an especially foreign and that ignis supporter go you know if greece if greece could go then portugal could go it's rather these are the two countries that are most like most in danger and you know if spain were to go for some reason the eurozone would be in in real trouble right greece looks weak but that actually puts things in a strong position talk about stockholm syndrome there's a certain certain amount that could become kind of voluntary captives in the system seven european countries that have been only reason democracies like greece and spain and portugal there is a certain fear. among political classes to stand up to germany you have to stand up to the c.p.a. to say look unless we get this this rescue done on our times even leave the eurozone and then you know if you take the losses i would assume that joanie what not like us and germany would really be scattered anyone who leaving the euro zone because there are risks involved and the german political leadership is very risk

averse at the moment so so so i think they would probably have the greeks the spaniards the police probably would have a much stronger hand and then they think. you know if they stood up to jobs. so if greece stood its ground. the banks. which have to choose one to go down say in a showed they know. this is the truth.

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with. lisa. lisa. slim on. line i'm a little. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harkin welcome to the big picture.